Home prices
The median home in Beloit is valued at $71,700. Compared to other places in this area this is roughly $20,640 (22%) lower.In comparison to the entire nation it is approximately $145,800 (67%) lower, and compared to the city of Cleveland it is approximately $2,100 (3%) higher.
Rents
Beloit's median rent is $583 a month. This is roughly $106 (15%) lower in comparison to the surrounding areas.In comparison to the United States as a whole it is roughly $479 (45%) lower, and is about $136 (18%) lower in comparison to the city of Cleveland.
Nearby places
Sebring
Sebring is Beloit's neighbor to the west. Its housing prices are a little more expensive. The median home in Sebring costs $82,400, which comes out to $10,700 (12%) higher than Beloit. Rents there are a little more expensive. In Sebring the median rent is $668 per month, which works out to $85 (12%) higher than Beloit.
Maple Ridge
Maple Ridge is about 2 miles west from Beloit. Real estate prices there are a little more expensive. Maple Ridge's median home cost is $82,400, which works out to $10,700 (12%) higher than Beloit. The rent there is a bit more expensive. In Maple Ridge the median monthly rent is $753, which is $170 (22%) higher than Beloit.
Alliance
Alliance is about 5 miles west from Beloit. The real estate prices there are a little more expensive. The median home in Alliance costs $81,400, which works out to $9,700 (11%) higher than Beloit. The rent there is somewhat more expensive. In Alliance the median monthly rent is $705, which comes out to $122 (17%) higher than Beloit.
Homeworth
Homeworth is roughly 6 miles southwest from Beloit. Real estate prices there are substantially more expensive. The median home in Homeworth is valued at $118,600, which works out to $46,900 (39%) higher than Beloit. Rents there are a little more expensive. Homeworth's median rent is $644 a month, which works out to $61 (9%) higher than Beloit.
Salem
Salem is about 6 miles east of Beloit. Its housing prices are a bit more expensive. Salem's median home cost is $96,900, which comes out to $25,200 (26%) higher than Beloit. Rents there are a bit more expensive. Salem's median monthly rent is $677, which works out to $94 (13%) higher than Beloit.
